<snip>
But at our current point I am quite confused.
<snip>Even in the presence of all these things... the cycle continues.
Bitcoin does not care.
I agree with the confusion part, not 100% agree with the second, but don't disagree either...it just remains to be seen.
Some guy (who speaks a bit like the "mad hatter" from "Alice in wonderland") proudly predicts MSTR bankruptcy scenario in 2026.
I don't buy it necessarily, but MSTR gyrations is something bitcoin would have to endure at some point.
It may be at least moderately likely that bitcoin would at some point undergo a secular bear market, but I don't envision this happening until 8-10 tril in market cap (or maybe even higher).
It seems that a lot of hodlers are uncertain about the state of the market rn.
Ah... well if your disagreement with part 2 is about the cycle... well... I disagree with what I said as well.

Or a significant part of me does.
I think the cycle must continue to influence the price, but in less dominant ways at least eventually. I have a hard time imagining this cycle having the same swings as the past ones. But I have been anticipating us breaking out of that for quite a while now. So I suppose I am hedging my position.
I am still (more quietly) a true believer in an S curve and amazingly even to me, do not think we have seen the real leg up yet.
Samson Mow talks about an "omega candle". I think hes probably onto something. We will see...